An attorney representing dozens of survivors and family members of victims killed in the Pulse nightclub massacre amended their negligence lawsuit on Thursday to claim the club’s owners illegally transferred it to another company months after the incident. The suit now alleges Pulse owners Barbara and Rosario Poma made the change to prevent those suing them from being privy to its value. At the …
Thousands of workers who invested their retirement savings in JPMorgan’s stable value funds got approval to sue the company as a certified class (In re JPMorgan Stable Value Fund ERISA Litig., S.D.N.Y., No. 1:12-cv-02548-VSB, order unsealed 4/17/17 ). The lawsuit accuses JPMorgan Chase & Co. of mismanaging its stable value funds—which are meant to be conservative, low-risk options that protect …
A Superior Court judge has approved a $2.375-million class-action settlement for the 1,194 victims of the diluted chemotherapy drug scandal, dashing the hopes of some patients who objected that their $1,500 share is a slap in the face. “I’m in pieces about it,” said Louise Martens, a Windsor woman who was one of the most vocal opponents of the proposed settlement. She was one of a dozen people …
A Des Plaines man has filed a lawsuit against a local McDonald’s franchisee, alleging the restaurant operator engaged in deceptive business practices because “Extra Value Meals” cost more than the items ordered separately. James Gertie claims that Karis Management Co., of Des Plaines, which operates about 10 locations in the area, charges $5.49 for two cheeseburgers, medium fries …
We can all breathe a little easier. Or, more precisely, all you Canadian owners of Dieselgate-afflicted Volkswagen TDIs can breathe a sigh of relief. You’re not going to get screwed.
Jefferson County leaders call Lowe’s a good corporate citizen, but they are lining up to oppose a lawsuit filed by the home improvement store to lower their tax rate. “We were expecting this to happen. We were expecting them to file a lawsuit,” said Tony Petelos, the Jefferson …
The class-action settlement agreement proposes using what is essentially the wholesale value of the vehicle at the time of sale, rather than the retail value. The wholesale value of a vehicle can range from hundreds to thousands lower than the retail value. Wholesale cost is the price dealers pay when they buy cars at auction.
Jessica Meiselman is a New York licensed attorney specializing in entertainment and intellectual property issues. Here she explains the recent class action lawsuit brought against Kanye West and Tidal. A lawsuit filed on Monday claims Kanye West and Tidal lied about Tidal’s exclusivity of his album in an attempt to obtain personal info and drive subscriber numbers.
Slater & Gordon announces almost $1 billion loss by Jonathan Shapiro and Sarah Danckert Slater & Gordon has two months to the secure the support of National Australia Bank and Westpac Banking Corp The Melbourne-based company posted a $958 million first-half losss, which is three times the combined profits since it became the first law firm in the world to float on a stock market in 2007. The …
REUTERS/Lucas JacksonMartin Shkreli. NEW YORK (Reuters) — Former pharmaceutical executive Martin Shkreli suffered a roughly $40 million drop in the value of a trading account used to secure his bail following his arrest on securities fraud charges, a U.S. prosecutor said on Wednesday. At a hearing in federal court in Brooklyn, Assistant U.S. Attorney Winston Paes said the account contained …